#TrumpTariffs #TrumpTariffs The American president, Donald Trump, said this Wednesday that as part of the trade deal with China, still pending approval, the U.S. will impose a 55% tariff on Beijing, which in turn will maintain a 10% tax on the United States.

"Our agreement with China is finished, subject to the final approval of President Xi (Jinping) and mine. The complete magnets, and any necessary rare earth minerals, will be supplied by China," Trump announced in a post on his Truth Social network.

The president added that according to what was agreed upon in meetings between senior Chinese and American officials in London, the U.S. will fulfill its part of the deal, which includes the approval of visas for Chinese students enrolled in universities in the country. We're getting a total of 55% in tariffs, China is getting 10%. The relationship is excellent!"